Earned value (EV) is the EVMS word that represents the amount of real work completed.
The correct option is B.
Earned value management (EVM) seems to be a project management technique that aids in the integration of three interconnected components of project performance: scope, schedule, and quality cost. The method is built on the idea of assigning as well as earning value (the budgeted cost for project activities)
Earned Value Techniques are really the various methods for measuring and comparing project performance versus the project's baseline. The selection of appropriate EV techniques is made in accordance with how the planned work is to be carried out.
For starters, acquired value does not teach you how to remedy deviations. This was addressed as during root cause analysis. The EV measurements disclose the existence of a variance and can pinpoint its location, but they do not give corrective action.
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